Posts Tagged ‘sir mervyn king’

So now we know why Stephen Hester was sacked. In his Mansion House speech, the Chancellor has confirmed that the breakup of Royal Bank of Scotland Group into a good and a bad bank is indeed under seri...
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Never mind all the doom and gloom about a possible triple-dip recession, some of the shrewdest City stock pickers reckon Britain is reinventing itself as a manufacturer – but in high technology ...
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Royal Bank of Scotland should be broken up, the Governor of the Bank of England reckons. And not just that. It should be seized control of, restructured, split into a good bank and a bad bank, made to...
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In its policy of "looking through" inflation that remains persistently above target, the Bank of England likes to blame factors outside the control of monetary policy, and in particular, the contribut...
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It's hard to disagree with James Delingpole - these days do have an end of empire feeling to them. Like Yeats wrote, "the best lack all conviction, while the worst / Are full of a passionate intensity...
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The Bank of England has decided enough is enough. It wants action taken to kick-start the economy, and is growing increasingly brazen about telling the Chancellor to get on with it. The minutes to thi...
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It's rough out there. Three years of inflation outstripping wage growth has seen real wages fall back to 2003 levels, the ONS announced this morning. Over the long term, we are back to square one with...
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OK, so we've now heard enough from Mark Carney, Governor-elect of the Bank of England, to see roughly where he's coming from on monetary policy, and it's not quite as radical as some had been hoping f...
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Here are the main points to be drawn from today's Inflation Report and accompanying Bank of England press conference. The biggest one was the Bank of England's admission that the UK economy may be in ...
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So now we know why the Bank of England's Monetary Policy Committee called a halt to more Quantitative Easing this week – it's because the Chancellor and the Governor of the Bank of England have ...
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